Small Red lump at base of shaft - could it be a genital wart or???

I have had a small red bump at base of penis for about 2 months. It is the only one i have. Not sure if its a genital wart or not can anyone explain what it might be? it doesnt hurt or itch or burn, it is in an area with a lot of fordyce spots, and it only appeared after shaving in the area multiple times per week. I have only had protected sex. I have used undiluted antiseptic cream daily but i still have it. It has a hair growing out of it so not sure if that makes a difference. Any help would be greatly appreciated

image

image

What you may have is the complication of an ordinary bodily wart and a hair growing through, or irritating the wart. Genital warts do not present as single items.
This may have started as little more than a tiny skin imperfection but due to the frequent shaving it may have severely irritated it and it has developed as it has.
The other thing to try is stop applying the antiseptic cream, but, get or use Liquid Antiseptic instead. Apply a tiny undiluted dab 3 to 4 times a day - if there is an infection present it would reduce in size after 3 to 7 days - if it does not heal it is likely it is a wart, or something else naturally present, such as the Fordyce as you suggest, or a Sebaceous gland, for example that has been damaged.
If it just stays there long-term you can decide whether you want it surgically removed or not …